On The Brink with Castle Island cover image

Paul Sztorc (Drivechain) on Bitcoin Security Budget and the Importance Merge Mining (EP.280)

On The Brink with Castle Island

00:00

Is the Proof of Stake a Waste of Capital?

Conio: I'm not sure how persuasive it will be, because it's sort of abstract. But again, i don't think it'll be persuasive at all. Those people are just when they've got their story that they want to sell and they're going to go for that. So the fact that the coin is worth much that drives to waste. It has nothing to do with whether nont is proof of stake or proof of work,. Or anything else. You could design something that's really, really perfect - but you probably can't.

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